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Delcath Systems Provides Update on Progress
Date:7/27/2009

ks and uncertainties that can cause actual results to differ materially from those described. Factors that may cause such differences include, but are not limited to, uncertainties relating to our ability to successfully complete Phase III clinical trials and secure regulatory approval of our current or future drug-delivery system and uncertainties regarding our ability to obtain financial and other resources for any research, development and commercialization activities. These factors, and others, are discussed from time to time in our filings with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. We undertake no obligation to publicly update or revise these forward-looking statements to reflect events or circumstances after the date they are made.

(tables to follow)

                          DELCATH SYSTEMS, INC.
                      (A Development Stage Company)

                        Condensed Balance Sheets


                                             June 30,    December 31,
                                               2009          2008
                                               ----          ----
                    Assets
    Current assets
      Cash and cash equivalents            $7,435,673    $6,939,233
      Investments - CDs                     1,472,928     3,847,904
      Investments - treasury bills                  -       200,710
      Investments - marketable equity
       security                                36,000        22,000
      Income Tax Receivable                   298,535             -
      Prepaid expenses                        324,253       331,346
                                              -------       -------
            Total current assets            9,567,389    11,341,193

    Property and equipment, net                14,55
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SOURCE Delcath Systems, Inc.
Copyright©2009 PR Newswire.
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